The Financial Services and Markets Bill seizes the opportunities of Brexit, tailoring financial services regulation to UK markets to bolster our competitiveness and deliver better outcomes for consumers and businesses.<\/p>
The Bill implements the outcomes of the Future Regulatory Framework Review, revoking retained EU law, so it can be replaced with an approach designed for the UK.<\/p>
The Bill introduces secondary growth and competitiveness objectives and measures to ensure clear accountability, appropriate democratic input, and transparent oversight of the regulators.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4874", "label" : {"_value" : "Biography information for Andrew Griffith"} } , "answeringMemberConstituency" : {"_value" : "Arundel and South Downs"} , "answeringMemberPrinted" : {"_value" : "Andrew Griffith"} , "dateOfAnswer" : {"_value" : "2022-11-15", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2022-11-15T15:25:50.683Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2022-11-15", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Financial Services: Regulation"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Chancellor of the Exchequer, what steps his Department is taking to improve the regulatory framework for the financial services sector.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4005", "label" : {"_value" : "Biography information for Bob Blackman"} } , "tablingMemberConstituency" : {"_value" : "Harrow East"} , "tablingMemberPrinted" : [{"_value" : "Bob Blackman"} ], "uin" : "902262"} , {"_about" : "http://data.parliament.uk/resources/1542137", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1542137/answer", "answerText" : {"_value" : "
The Levelling Up White Paper set out a clear plan to level up every corner of the UK by 2030.<\/p>
The £150m Community Ownership Fund is helping communities across England, Scotland, Wales and Northern Ireland to take ownership of assets at risk of closure.<\/p>
And we\u2019re continuing to invest billions in regional infrastructure, including £1.7 billion already awarded through the Levelling Up Fund.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4051", "label" : {"_value" : "Biography information for John Glen"} } , "answeringMemberConstituency" : {"_value" : "Salisbury"} , "answeringMemberPrinted" : {"_value" : "John Glen"} , "dateOfAnswer" : {"_value" : "2022-11-15", "_datatype" : "dateTime"} , "groupedQuestionUIN" : {"_value" : "902266"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2022-11-15T15:03:20.44Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2022-11-15", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Regional Planning and Development"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Chancellor of the Exchequer, what fiscal steps his Department is taking to level up communities.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4866", "label" : {"_value" : "Biography information for Alexander Stafford"} } , "tablingMemberConstituency" : {"_value" : "Rother Valley"} , "tablingMemberPrinted" : [{"_value" : "Alexander Stafford"} ], "uin" : "902265"} , {"_about" : "http://data.parliament.uk/resources/1542138", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1542138/answer", "answerText" : {"_value" : "
The Levelling Up White Paper set out a clear plan to level up every corner of the UK by 2030.<\/p>
The £150m Community Ownership Fund is helping communities across England, Scotland, Wales and Northern Ireland to take ownership of assets at risk of closure.<\/p>
And we\u2019re continuing to invest billions in regional infrastructure, including £1.7 billion already awarded through the Levelling Up Fund.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4051", "label" : {"_value" : "Biography information for John Glen"} } , "answeringMemberConstituency" : {"_value" : "Salisbury"} , "answeringMemberPrinted" : {"_value" : "John Glen"} , "dateOfAnswer" : {"_value" : "2022-11-15", "_datatype" : "dateTime"} , "groupedQuestionUIN" : {"_value" : "902265"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2022-11-15T15:03:20.487Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2022-11-15", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Regional Planning and Development"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Chancellor of the Exchequer, what fiscal steps his Department is taking to encourage levelling up across the UK.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4868", "label" : {"_value" : "Biography information for Nicola Richards"} } , "tablingMemberConstituency" : {"_value" : "West Bromwich East"} , "tablingMemberPrinted" : [{"_value" : "Nicola Richards"} ], "uin" : "902266"} , {"_about" : "http://data.parliament.uk/resources/1542139", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1542139/answer", "answerText" : {"_value" : "
Spending Review 2021 provided the devolved administrations with their largest annual block grants, in real terms, of any spending review settlement since 1998. As a result, the devolved administrations\u2019 funding is still growing in real terms over the Spending Review period despite higher inflation, which means they remain well-funded to deliver their devolved responsibilities. I continue to actively engage on this issue with my counterparts in the devolved administrations.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4051", "label" : {"_value" : "Biography information for John Glen"} } , "answeringMemberConstituency" : {"_value" : "Salisbury"} , "answeringMemberPrinted" : {"_value" : "John Glen"} , "dateOfAnswer" : {"_value" : "2022-11-15", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2022-11-15T15:00:26.95Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2022-11-15", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Public Expenditure: Inflation"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Chancellor of the Exchequer, what recent discussions he has had with Cabinet colleagues on the potential impact of inflation on the budgets of devolved governments.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4417", "label" : {"_value" : "Biography information for Deidre Brock"} } , "tablingMemberConstituency" : {"_value" : "Edinburgh North and Leith"} , "tablingMemberPrinted" : [{"_value" : "Deidre Brock"} ], "uin" : "902268"} , {"_about" : "http://data.parliament.uk/resources/1542206", "AnsweringBody" : [{"_value" : "Department for Transport"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1542206/answer", "answerText" : {"_value" : "
Access to the rail network is a matter for the Office of Rail and Road (ORR) in its role as independent regulator for the rail industry. The ORR will continue to play a central role in ensuring industry processes and applications for track access are treated fairly and transparently going forward. The ORR\u2019s role includes approving access contracts and access appeals in relation to open access operators. The ORR works with Network Rail to assess suitability of proposed station stops, and decisions are made on the basis of available capacity. The Government remains committed to exploring the scope for open access where spare capacity exists to make best use of the network and grow new markets for rail.<\/p>
<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4442", "label" : {"_value" : "Biography information for Huw Merriman"} } , "answeringMemberConstituency" : {"_value" : "Bexhill and Battle"} , "answeringMemberPrinted" : {"_value" : "Huw Merriman"} , "dateOfAnswer" : {"_value" : "2022-11-23", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2022-11-23T11:17:46.857Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "27"} , "answeringDeptShortName" : {"_value" : "Transport"} , "answeringDeptSortName" : {"_value" : "Transport"} , "date" : {"_value" : "2022-11-15", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Railways: Access"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Secretary of State for Transport, whether he plans to undertake a review of the restrictions on (a) access to the rail network and (b) the ability to stop at specific stations applicable to open access train operators.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4754", "label" : {"_value" : "Biography information for Peter Gibson"} } , "tablingMemberConstituency" : {"_value" : "Darlington"} , "tablingMemberPrinted" : [{"_value" : "Peter Gibson"} ], "uin" : "87988"} , {"_about" : "http://data.parliament.uk/resources/1542207", "AnsweringBody" : [{"_value" : "Department of Health and Social Care"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1542207/answer", "answerText" : {"_value" : "
Integrated care boards (ICBs) are responsible for ensuring appropriate provision to meet the health and care needs of local populations. Adjustments are made in the core ICB allocations formula to allow for variation in the costs of providing health care between rural and urban areas.<\/p>
<\/p>
<\/p>
The NHS Long Term Plan commits to investing an additional £2.3 billion a year in mental health services by 2023/24. This increased investment will improve access to mental health services, including in rural communities. By 2023/24, a further 345,000 children and young people will be able to access National Health Service-funded mental health support. In 2021/22, we provided an additional £79 million to allow a further 22,500 more children and young people to access community health services and accelerate the coverage of mental health support teams in schools and colleges. These teams are now available for 26% of pupils and will increase to nearly 400 teams for approximately 35% of pupils by April 2023.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4492", "label" : {"_value" : "Biography information for Maria Caulfield"} } , "answeringMemberConstituency" : {"_value" : "Lewes"} , "answeringMemberPrinted" : {"_value" : "Maria Caulfield"} , "dateOfAnswer" : {"_value" : "2022-11-21", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2022-11-21T15:11:14.187Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "17"} , "answeringDeptShortName" : {"_value" : "Health and Social Care"} , "answeringDeptSortName" : {"_value" : "Health and Social Care"} , "date" : {"_value" : "2022-11-15", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Mental Health: Children"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Secretary of State for Health and Social Care, what recent steps his Department has taken to provide support for children's mental health in rural communities.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4762", "label" : {"_value" : "Biography information for Anthony Mangnall"} } , "tablingMemberConstituency" : {"_value" : "Totnes"} , "tablingMemberPrinted" : [{"_value" : "Anthony Mangnall"} ], "uin" : "87992"} , {"_about" : "http://data.parliament.uk/resources/1542209", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1542209/answer", "answerText" : {"_value" : "
Individuals can claim tax repayments from HMRC and HMRC will refund them directly. However, HMRC will issue a tax repayment to a third party when a taxpayer has either nominated or assigned the repayment to them.<\/p>
<\/p>
Companies which specialize in claiming tax refunds often use assignments as part of the sign-up process, which means the repayment then legally belongs to that agent. When a taxpayer signs an assignment, HMRC is obliged to make payment directly to the repayment agent. Repayment agents may deduct a fee from the repayment before they forward the repayment to their client. This will be set out in their terms and conditions.<\/p>
When a customer has used a repayment agent and has an assignment in place, HMRC completes essential checks to satisfy that the assignment is valid. HMRC takes firm action against any agent who does not comply with the law.<\/p>
<\/p>